Union Bank Dividend
Dividend criteria checks 3/6
Union Bank is a dividend paying company with a current yield of 6.35% that is well covered by earnings.
Key information
6.3%
Dividend yield
31%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.50 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, UNIONBANK has been paying a dividend for less than 10 years.
Growing Dividend: UNIONBANK has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Union Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UNIONBANK) | 6.3% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (UNIONBANK) | n/a |
Notable Dividend: UNIONBANK's dividend (6.35%) is higher than the bottom 25% of dividend payers in the BD market (0.95%).
High Dividend: UNIONBANK's dividend (6.35%) is in the top 25% of dividend payers in the BD market (4.13%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), UNIONBANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.